If you have Pell Grants and/or student loans, you may have excess financial aid that you can use for other things in The College Store like purchasing a laptop computer, meal plan card, or optional supplies. Generally, the concept of excess financial aid will only apply to students with a PELL grant and/or student loans, but here’s the basic math…
Awarded Financial Aid – Student Account Balance = Excess Financial Aid
Award amounts for both PELL grants and student loans depend on the number of credit hours you are taking for the semester.
PELL Grant Student Loans
12+ credit hours 100% 6+ credit hours 100%
9+ credit hours 75% <6 credit hours 0%
6+ credit hours 50%
3+ credit hours 25%